Is a 2470 psf 2-bedroom, 2-bathroom unit on a high floor considered expensive?

To determine if a price of SGD 2,470 per square foot (psf) for a 2-bedroom, 2-bathroom unit, particularly on a high floor, is expensive, you need to consider the current market trends and prices in the specific area.

For the Lentor area, which is where Lentor Mansion is located, prices have been trending upwards due to its growing popularity and new developments. Here are some general observations:

- Units in Lentor Mansion have been transacting at prices ranging from around SGD 2,000 to SGD 2,200 psf, depending on the unit size and floor level.
- High-floor units, especially in newer developments, often command a premium due to better views and other desirable factors.
- A price of SGD 2,470 psf for a high-floor 2-bedroom, 2-bathroom unit in this area could be considered on the higher side but still within the realm of current market prices, especially if the development offers premium amenities and is in a highly sought-after location.

In summary, while SGD 2,470 psf is on the higher end, it is not unusually expensive given the current market conditions and the desirability of high-floor units in new developments in the Lentor area.